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2022

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12

Chinese Chicken Import Analysis in Nov

Source:

OIG+X

According to the statistics of the GACC, the import volume of chicken products in Nov 2022 was 92,500 tons, a MoM decrease of 5.2% and a YoY decrease of 21%. From January to Nov, the total import volume was 1.2123 million tons, down 10.69% YoY.

According to the statistics of the GACC, the import volume of chicken products in Nov 2022 was 92,500 tons, a MoM decrease of 5.2% and a YoY decrease of 21%. From January to Nov, the total import volume was 1.2123 million tons, down 10.69% YoY. Affected by bird flu, chicken exports in Europe and the United States have significantly shrunk. With China's current excess chicken production capacity and the continued downturn in the terminal market, domestic chicken imports have continued to shrink this year.

 

From the distribution of chicken product import countries, Brazil (39,100 tons), the United States (20,100 tons), the Russian Federation (8,300 tons), Thailand (7,100 tons) and Argentina (6,100 tons) were the top 5 countries in China's chicken product import volume in October, accounting for 42.90%, 22.09%, 9.15%, 7.83% and 6.72% respectively

 

In terms of imported chicken products, frozen chicken feet accounted for the largest share of the import volume, reaching 48,800 tons, accounting for 53.63% of the total import volume, down 7.74% MoM and 28.63% YoY. The import of frozen chicken wings (excluding wingtips) was 25,100 tons, accounting for 27.60%, with a MoM decrease of 8.77% and a YoY decrease of 26.33%. The import of frozen chicken nuggets with bones was 10,600 tons, accounting for 11.64%, up 18.36% MoM and down 60.36% YoY. Due to the difference in food culture and prices between the East and the West, this top three categories together account for 92.97% of chicken product imports.